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Kuwaiti govt. keen on backing private sector - minister

Minister of State for Economic Affairs Hind Al-Sabeeh during the inauguration of Phase Four of the Avenues Mall in Rai area
Minister of State for Economic Affairs Hind Al-Sabeeh during the inauguration of Phase Four of the Avenues Mall in Rai area

By Mohammad Al-Thaydi

KUWAIT, March 22 (KUNA) -- Minister of State for Economic Affairs Hind Al-Sabeeh affirmed Thursday keenness of His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah and the government on backing the private sector to be an effective partner in implementing "New Kuwait 2035" vision.
Al-Sabeeh, also Minister of Social Affairs and Labor, made her remarks to KUNA on the sidelines of the inauguration of Phase Four of the Avenues Mall in Rai area under the auspices and in presence of His Highness the Premier.
The Avenues has been recently listed as one of the largest shopping malls in the region and the world, she said, adding the inauguration would have a positive effect on backing family tourism in Kuwait.
Family tourism in Kuwait has grown notably in the last three years, the minister said, noting the number of Gulf tourists in the country has increased significantly to five million in 2017, compared to three million in 2015.
His Highness the Prime Minister is keen on diversifying the local economic base in the country based on the directions of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to make Kuwait an international financial and commercial hub, said Al-Sabeeh.
Such care and support would also be able to face global economic challenges and changes, in addition to building main pillars for a local environment capable of achieving many goals of the country's development plan such as a sustainable diverse economy, creative human capital, and advanced infrastructure, she noted.
Al-Sabeeh also indicated that inaugurating Phase Four completes one of the largest projects in the country, and also affirms Kuwait is ongoing with attaining its 2035 vision through encouraging and backing the private sector. (end) mth.tb.ma